For Each of the Three Examples Listed Below (1-3),identify the Category

question 1

Essay

For each of the three examples listed below (1-3),identify the category of tax planning (A-C)that has been applied.
1.Jack has run a successful proprietorship for the past four years,and has now decided to incorporate his company.
2.Karen has decided not to pay herself a dividend from her corporation,(of which she is the sole shareholder),but has chosen to sell a portion of her shares to an associate instead.
3.XYZ Corporation has chosen to delay the recognition of a discretionary reserve until the following year.
A.Shifting income from one time period to another
B.Shifting income from one entity to another
C.Shifting income from one type of income to another.

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Definitions:

Negative Fear

Unhelpful or harmful apprehensions that hinder personal growth or achievement.

Strategies

Plans of action designed to achieve long-term or overall aims and goals.

Dealing With Stress

Dealing with stress involves strategies and approaches to manage or reduce the psychological and physical effects of stress.

Manager's Role

The duties and responsibilities held by an individual in a leadership position, focusing on planning, organizing, leading, and controlling within an organization.